Medicare Advantage Insurance

One of the options you will be considering when looking at Medicare is if you will want to receive original Medicare Insurance (Parts A and B) and Medicare Advantage (part C). So what is the advantage to Medicare Advantage, if there is an advantage at all? Both of these options will cover many of the same services; it is a matter of deciding what will be the best for you and your health.

What is the Advantage of Medicare Advantage?

Medicare Advantage is an insurance option that is run through private organizations. These are organizations that you would recognize like Blue Shield, United Health Care, and Kaiser Permanente. Medicare Advantage includes what you would find in Original Medicare with the doctor and hospital care. But it also may include things that you would not find. These additional offerings will depend upon which plan and organization that you go through. But you can expect these offerings to include things like prescription drug coverage, vision, dental, and gym memberships. Medicare Advantage Insurance is also considered a less expensive option. The premiums that you pay in Medicare Advantage can be less expensive that the premiums in Plan B especially if it is combined with the premiums for a Medigap policy which many do include if they go with Original Medicare. Also, Medicare Advantage includes a Maximum Out-of-Pocket Expense which is a limit to the amount you pay out of pocket. The cap varies between plans, but after you reach the limit, all of your services are covered.

Of course, with every plan, there are also drawbacks. Because the program is run through private companies, there may be stricter rules and more limited options for care available. If you are not satisfied with Medicare Advantage Insurance, you can switch to Original Medicare, but it will be difficult to add Medigap at that time. Your Medigap options may be limited or even nonexistent. So it is important when looking at your options that you know exactly what you are signing up for. If you need information or have any questions, please call us. We have extensive knowledge and have helped countless others before you make the best decision for them.